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Millennials Make up Largest Share of Buyers for 8th Consecutive Year

Wednesday, March 17, 2021

Whether or not it was another biproduct of the pandemic, The National Association of Realtors® (NAR) said the popularity of multigenerational homes increased last year. Homes that will house adult siblings, adult children, parents, or grandparents were purchased by 18 percent of homebuyers between the ages of 41 to 65. Those aged 75 to 95 were the second most likely to purchase a multigenerational home. This is among the key findings of NAR's annual Home Buyer and Seller Generational Trends Report derived from a survey of persons who had purchased a home over the prior 12 months.

 

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Ashley